The Fair Share Report
719 E Brown St
Hamilton, NJ 08057
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $228,059 – $388,400, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Hamilton assessments sit below market value — republished every October, applied town-wide. A $313,756 home should be assessed near $192,395.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,605 above what the ratio math suggests (26.8%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
Step 5 · The bill
This home vs. every recent Hamilton sale · assessed ÷ market
38%112%
A touch high — worth watching
This home's ratio sits above most of Hamilton, but doesn't clear NJ's legal appeal line (70.52%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1848 GREENWOOD AVE | 2026-04 | $350,000 | 1,888 | 42.5% |
| 1848 GREENWOOD AVE | 2025-09 | $225,000 | 1,888 | 66.1% |
| 420 KLOCKNER AVE | 2026-01 | $341,700 | 1,958 | 57.6% |
| 46 SMITH AVE | 2026-02 | $250,000 | 2,195 | 82.4% |
| 156 MADDOCK AVE | 2025-12 | $500,000 | 2,302 | 44.4% |
| 18 BEAL ST | 2026-03 | $230,000 | 2,040 | 80.1% |
| 20 W PARK AVE | 2025-07 | $255,000 | 2,062 | 80.5% |
| 1999 GREENWOOD AVE | 2026-03 | $350,000 | 2,350 | 52.1% |
| 1999 GREENWOOD AVE | 2026-01 | $260,000 | 2,350 | 70.2% |
| 310 WILSON AVE | 2025-01 | $425,000 | 1,654 | 52.7% |
| 26 E FRANKLIN ST | 2026-05 | $300,000 | 1,941 | 53.0% |
| 1429 HAMILTON AVE | 2025-06 | $280,000 | 1,664 | 50.7% |
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